scholarly journals IDENTIFICATION OF EX-ANTE AND EX-POST TRANSACTION COSTS IN INDUSTRIAL CONSTRUCTION ENGINEERING PROJECTS

2018 ◽  
Vol 24 (5) ◽  
pp. 424-436 ◽  
Author(s):  
Fábio Bellotti da Fonseca ◽  
Rosangela Maria Vanalle ◽  
João Alberto Camarotto
Keyword(s):  
Transaction Costs ◽  
Construction Projects ◽  
Strategic Decisions ◽  
Construction Costs ◽  
Industrial Construction ◽  
Construction Engineering ◽  
Engineering Construction ◽  
Ex Post ◽  
Ex Ante ◽  
Engineering Projects

Construction costs comprise not only production but also transaction costs, which can be categorized as ex-ante (pre-contractual) and ex-post (post-contractual) costs. No evidence has been found in the literature of research about transaction costs in industrial construction engineering projects. The objective of this paper is to identify ex-ante and ex-post transaction costs in industrial engineering construction projects. To accomplish this, empirical research with 4 case studies was conducted with a large engineering firm in Brazil. This research not only identified transaction costs already found by others, dividing them into ex-ante and ex-post, but also identified that travel, RFP clarification, support to strategic decisions of the owner and knowledge transfer are transaction costs not previously identified in the researched literature but that are very relevant to the respective subject. Therefore, this research confirms that transaction costs should be considered ex-ante and ex-post by owners and contractors in industrial construction engineering projects and enlightens academics and practitioners on ways to achieve the reduction of such costs.

Research on Evaluation Method for Construction Bidding Projects

2013 ◽  
Vol 357-360 ◽  
pp. 2254-2258
Author(s):  
Yi Ge Liu ◽  
Hai Rong Tang
Keyword(s):  
Construction Projects ◽  
Evaluation Method ◽  
Construction Engineering ◽  
Engineering Construction ◽  
Research On Evaluation ◽  
Bid Evaluation ◽  
Bp Neural Network Model ◽  
Engineering Projects ◽  
Time Evaluation ◽  
Actual Index

There are great subjectivity and tendentiousness during bid evaluation of engineering construction projects, which may cause deviation to bid evaluation results of bidding work. BP neural network model for bid evaluation of construction projects is built in the thesis, and the model can solve non-linear issues in the bid evaluation construction engineering projects well. And at the same time, evaluation results of the model are verified with the use of actual index data of sample enterprises, which can confirm effectiveness of such model.

scholarly journals Factors Causing Delay in Pile Cap Work (Case Study: Trans Studio Mall Makassar Upgrade Project)

2021 ◽  
Vol 3 (3) ◽  
pp. 28-36
Author(s):  
Sulistiawati Marioga ◽  
Josefine Ernestine Latupeirissa ◽  
Meti
Keyword(s):  
Construction Projects ◽  
Pearson Correlation ◽  
Strong Relationship ◽  
Correlation Factor ◽  
Construction Engineering ◽  
Engineering Construction ◽  
Late Delivery ◽  
Pile Cap ◽  
Pile Caps

Pile cap as an important part used in construction engineering. Construction projects have a completion schedule, and pile caps as part of a construction project must not be delayed. The purpose of this study is to determine the factors that cause delays in Pile cap work. The analysis method to calculate the results of questionnaire distribution is simple correlation analysis. The results of this study indicate that there are seven factors causing delays  Pile cap work on the Trans Studio Mall Makassar upgrade project, namely: (1) Lack of manpower, (2) Late delivery of materials, (3) Rainfall intensity factor, (4) Lack of labor expertise, (5) equipment shortage, (6) equipment damage, (7) the factor of the change of design by the owner. From the results of the calculation of the product moment correlation factor of the lack of labor with the Pearson correlation coefficient value of 0.821 has a very strong relationship.

scholarly journals Application of BIM Technology in the Whole Process Engineering Consulting Management

2021 ◽  
Vol 236 ◽  
pp. 05001
Author(s):  
Chunyao Deng
Keyword(s):  
Construction Projects ◽  
Integrated Management ◽  
Rapid Development ◽  
Process Engineering ◽  
Economic Life ◽  
Management Research ◽  
Engineering Construction ◽  
Whole Process ◽  
Engineering Consulting ◽  
Engineering Projects

Since the implementation of the reform and opening policy, the full support of engineering construction projects has promoted the rapid development of China's national economy. Among them, engineering consulting management is more and more widely used in engineering projects and economic life. This article first summarizes the importance of the entire process engineering consulting integrated management research. The author analyzes the advantages and significance of the integrated management research of the whole process engineering consulting in China, and further puts forward the application countermeasures of the whole process engineering consulting service in construction projects.

Anforderungen an Struktur und Detaillierung von Termin- und Ablaufplanung zur Steuerung von Bauprojekten – Teil 2: Anwendung auf die Realisierung von Bauprojekten/Requirements Regarding Structure and Level of Detail for Schedules and Sequence Plans for Construction Projects – Part 2: Application on the Realization of Construction Projects

Bauingenieur ◽  
2016 ◽  
Vol 91 (01) ◽  
pp. 18-25
Author(s):  
Peter Greitemann ◽  
Josef Zimmermann
Keyword(s):  
Construction Projects ◽  
Level Of Detail ◽  
Ex Post ◽  
Ex Ante

Die in Teil 1 durchgeführte Untersuchung zeigt, dass die Begriffe „Terminplanung“ und „Ablaufplanung“ in der Literatur nicht eindeutig definiert sind und demzufolge synonym verwendet werden [16]. Es wird weiterhin dargelegt, dass hinreichende Festlegungen für die Detaillierung von Termin- und Ablaufplänen, die aus den Anforderungen des jeweiligen Projektes abgeleitet werden müssen, nicht bestehen.   Vor diesem Hintergrund werden hier die Institutionen Termin- und Ablaufplanung zunächst eindeutig den unterschiedlichen Sphären zugeordnet. Die Terminplanung gehört zur Sphäre des Bauherren (Auftraggebers) und die Ablaufplanung zur Sphäre des Auftragnehmers. Der erforderliche Detaillierungsgrad von Termin- und Ablaufplanung wird auf der Grundlage der geometrischen sowie vertraglichen Struktur des Projektes abgeleitet.   Die Herleitungen basieren auf den anerkannten Theorien der Arbeitsteilung in Zusammenhang mit der Problematik der Koordination und Motivation bei der arbeitsteiligen Leistungserbringung. Die Informationsasymmetrie zwischen Auftraggeber und Auftragnehmer ex ante und ex post (des Vertragsschlusses) in Abhängigkeit der grundsätzlich unterschiedlichen Koordinationsformen „Markt“ und „Hierarchie“ wird durch die Formulierung der Anforderungen an die Ablaufplanung im Rahmen der Ausschreibung der Leistungen beseitigt. Damit wird die Grundlage für eine Erkennung möglicher Kollisionen sowie der Einrichtung entsprechender Maßnahmen zur Kollisionsvermeidung geschaffen.

scholarly journals Measures to strengthen engineering quality supervision in construction management

2020 ◽  
Vol 4 (3) ◽  
Author(s):  
Chaomin Huang
Keyword(s):  
Construction Management ◽  
Construction Projects ◽  
Urbanization Process ◽  
Construction Engineering ◽  
Engineering Construction ◽  
Construction Companies ◽  
High Level ◽  
Relevant Work ◽  
Development Prospects

With the continuous advancement of China's urbanization process, the demand for construction projects is increasing, which is both an opportunity and a challenge for construction companies. If the enterprises themselves can grasp the background and policy conditions to maintain a high level of construction engineering, then its enterprise benefits and future development prospects will be excellent. However, there are also many companies whose own reputation and actual benefits have been affected for poor engineering quality caused by poor construction management. This is exactly what we must pay attention to. This article will analyse and explore the relevant work to improve the engineering quality of different phases of engineering construction and to guide the management of the construction unit in the future from the perspective of the construction unit to strengthen the project quality supervision.

Two Advantages of the Negligence Rule Over Strict Liability when the Parties are Risk Averse

2020 ◽  
Vol 0 (0) ◽  
Author(s):  
Henrik Lando
Keyword(s):  
Transaction Costs ◽  
Strict Liability ◽  
The Other ◽  
Risk Allocation ◽  
Risk Averse ◽  
Insurance Contracts ◽  
Ex Post ◽  
Ex Ante ◽  
Negligence Rule

AbstractWhen parties are risk-averse and therefore take out insurance, the efficiency of a tort rule depends on how well the insurance contracts govern incentives, risk allocation and transaction costs under the rule. This article presents two overlooked or discarded advantages of the rule of negligence over strict liability, which appear when insurance contracts are incomplete due to ex-ante transaction or ex-post verification costs. One advantage arises because of a legal impediment under strict liability: insurers cannot exempt coverage for all acts of simple negligence. Instead, the insurer must, at a cost, precisely specify each act for which coverage is excluded. Such specification can be prohibitively costly when there are many acts and many contingencies. These transaction costs, or the inefficient risk allocation associated with a deductible, are avoided under the negligence rule, where under idealized conditions the injurer can simply take due care and need not take out insurance. The other advantage of the negligence rule is that it provides incentives for the victim to bring forward information about the injurer’s acts. The victim has little incentive to convey such information under strict liability, whereas the victim’s insurer may elicit it, e. g. by not covering the victim’s loss fully.

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